Kazakh currency falls 23 percent after switch to free-floatEnergy-rich Kazakhstan announced it was abandoning its currency band for a free-floating exchange rate, in a move that triggered a 23-percent fall in the value of the tenge against the US dollar.
20 August 2015
Greece repays 3.4 bn euros to European Central Bank: sourceGreece has repaid 3.4 billion euros ($3.79 billion) due to the European Central Bank, a source close to the Greek government said after the launch of a massive new reforms-for-bailout deal.
Spanish parliament approves new Greece bailoutSpanish lawmakers overwhelming approved Greece's third bailout package following a debate in parliament which the ruling party used to defend its economic record.
19 August 2015
Japan economy's contraction a blow for 'Abenomics'Japan's economy contracted last quarter, boosting speculation the central bank will be forced to unleash more stimulus as Tokyo's "Abenomics" growth blitz stumbles.
China's long march to currency reform takes a step forwardChina's currency devaluation is a step in the long march to a more open regime for the yuan, analysts say, but authorities will need to further loosen their controls to promote long-term growth.
Greek PM sees bailout deal after August 15Greek Prime Minister Alexis Tsipras and French President Francois Hollande agreed that Athens and its international creditors "can and must" reach a bailout deal after August 15.
07 August 2015
Sisi to unveil 'new Suez Canal' as Egypt makes historyPresident Abdel Fattah al-Sisi inaugurates a "new" Suez Canal in a lavish and heavily secured ceremony, as Egypt seeks to boost its economy and international standing.
06 August 2015
Nazarbayev ratifies Kyrgyzstan's accession to EEUPresident of Kazakhstan Nursultan Nazarbayev has signed the ratification of the agreement on Kyrgyzstan's joining to the Eurasian Economic Union (EEU).
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